MARA Holdings sold 20,880 Bitcoin for about $1.5 billion in Q1 2026, using the proceeds mainly to repurchase $1 billion in convertible notes and reduce debt. The company cut its workforce by 15% to save $12 million annually, reflecting a strategic shift from Bitcoin mining toward AI and critical IT infrastructure. MARA also agreed to acquire a 505 MW Ohio gas-fired power plant for $1.5 billion to develop an AI campus, aiming to scale beyond one gigawatt by mid-2028. Despite holding 35,303 BTC worth $2.9 billion, MARA reported a $1.26 billion net loss and an 18% revenue decline to $175 million in Q1 2026.
The Hanover Insurance Group announced a quarterly dividend of $0.95 per common share, payable on June 26, 2026, to shareholders of record as of June 12, 2026. This dividend reflects the company's ongoing commitment to returning value to shareholders....
Alexandria Real Estate Equities announced a quarterly cash dividend of $0.72 per common share for Q2 2026, payable on July 15 to shareholders of record as of June 30. This dividend matches the previous quarter's payout and supports the company's stro...
Parex Resources has finalized its acquisition of Frontera Energy's Colombian exploration and production assets for $500 million, making it the largest independent oil and gas producer in Colombia. The deal, funded by senior unsecured notes and debt a...
zSpace, Inc. has converted over $12 million of its outstanding debt into equity through agreements with two lenders, significantly improving its financial position. Fiza Investments converted about $10 million in debt into common and preferred stock ...
Nvidia unveiled new ARM-based hardware at Computex 2026, including the "Vera" CPU designed for AI and data centers. Jim Cramer praised the move, calling it a major positive for ARM Holdings, whose stock has surged over 200% this year. Nvidia is shift...
